SBI Magnum Children's Benefit Fund Investment Direct Growth

SBI Magnum Children's Benefit Fund Investment Direct Growth

NAV as on 28-04-2025

₹ 42.07

-1.5%

1D

Inception Returns

36.9%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
1384 people have invested ₹ 1.1Cr in SBI Magnum Children's Benefit Fund Investment Direct Growth in the last three months

About SBI Magnum Children's Benefit Fund Investment Direct Growth

SBI Magnum Children's Benefit Fund Investment Direct Growth is a hybrid fund. This fund was started on 29 September, 2020. The fund is managed by Rajeev Radhakrishnan, R. Srinivasan. This fund gives you the benefit of diversification.

Key Parameters

  1. SBI Magnum Children's Benefit Fund Investment Direct Growth has ₹3226 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

SBI Magnum Children's Benefit Fund Investment Direct Growth has given a CAGR return of 36.92% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 18.54% and 21.19% respectively.

Holdings

SBI Magnum Children's Benefit Fund Investment Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Consumer Defensive, Basic Materials, Utilities, Tech.

Taxation

As it is a children mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of SBI Magnum Children's Benefit Fund Investment Direct Growth

The investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across sectors and market capitalizations. The scheme will also invest in debt and money market instruments with an endeavour to generate income. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. There is a lock in period for SBI Magnum Children's Benefit Fund Investment Direct Growth of 5 Years

SBI Magnum Children's Benefit Fund Investment Direct Growth Overview

Expense ratio0.87%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹3226 Cr
Inception Date29 September, 2020
Min Lumpsum/SIP₹5000/₹500
Exit Load
3.0%
Lock In5 Years
TurnOver
63.13%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (28-Apr-25)

Period
SBI Magnum Children's Benefit Fund Investment Direct Growth
Hybrid Equity Index
1M
2.3%
-
3M
-0.7%
-
6M
0%
-
1Y
18.5%
-
3Y
21.2%
-

Fund Distribution

as on (31-Mar-25)

  • Equity 72.2%

  • Debt & Cash 27.8%

Small cap
43.7%

Large cap
12.2%

Mid cap
5.2%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Consumer Cyclical
33.9%
Financial Services
24.1%
Industrial
13.5%
Consumer Defensive
11.5%
Basic Materials
10%
Utilities
5.5%
Tech
1.6%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 3.2K Cr
₹ 3K Cr
₹ 3.1K Cr
  • AUM of the fund stands at 3.2K Cr as of Mar'25
  • AUM increased by 211 Cr between Mar'25 and Feb'25

Top 3 Sectors in March were Consumer Cyclical, Financial Services & Consumer Defensive

Mar'25
Consumer Cyclical
34%
Financial Services
24%
Industrial
13%
Feb'25
Consumer Cyclical
36%
Financial Services
24%
Consumer Defensive
12%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Muthoot Finance Ltd
Muthoot Finance Ltd
5.17%
-9.1%
Hatsun Agro Product Ltd
Hatsun Agro Product Ltd
5.08%
0%
Thangamayil Jewellery Ltd
Thangamayil Jewellery Ltd
4.62%
6%
HDFC Bank Ltd
HDFC Bank Ltd
4.48%
0%
Bajaj Finserv Ltd
Bajaj Finserv Ltd
4.36%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
SBI Magnum Children's Benefit Fund Investment Direct Growth
SBI Magnum Children's Benefit Fund Investment Direct Growth
18.54%
21.19%
-
36.92%
Axis Children's Direct Lock in Growth
Axis Children's Direct Lock in Growth
13.93%
9.8%
17.12%
11.89%
ICICI Prudential Child Care Fund (Gift Plan) Direct Plan
ICICI Prudential Child Care Fund (Gift Plan) Direct Plan
8.5%
18.43%
21.76%
14.39%
LIC MF Childrens Fund Direct Plan
LIC MF Childrens Fund Direct Plan
6.6%
11.81%
16.29%
10.42%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
27
31
36
Top 5 Company Concentration
23.7%
24.5%
23.6%
Company having highest exposure
Muthoot Finance Ltd (5.2%)
Hatsun Agro Product Ltd (5.5%)
Muthoot Finance Ltd (5.6%)
No of Sectors
7
9
10
Top 5 Sectors Concentration
92.9%
90.4%
86%
Sector having highest exposure
Consumer Cyclical (33.9%)
Consumer Cyclical (35.5%)
Consumer Cyclical (31.5%)
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Rajeev Radhakrishnan
Rajeev Radhakrishnan
Fund Manager of SBI Magnum Children's Benefit Fund Investment Direct Growth, since 1 November 2023
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Equity Hybrid Fund Direct Growth
13.28%
14.13%
SBI Liquid Fund Direct Plan Growth
6.85%
6.43%
SBI Savings Fund Direct Plan Growth
7.22%
6.62%
R. Srinivasan
R. Srinivasan
Fund Manager of SBI Magnum Children's Benefit Fund Investment Direct Growth, since 29 September 2020
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Equity Hybrid Fund Direct Growth
13.28%
14.13%
SBI Small Cap Fund Direct Plan Growth
17.02%
18.44%
SBI Focused Equity Fund Direct Plan Growth
14.59%
15.23%
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.37L Cr
as on 31-Mar-2025
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

SBI Magnum Children's Benefit Fund Investment Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 36.92% since inception which is more than its category average return of 11.55%
Fund Allocations

Fund Allocations

This fund has an allocation of 72.18% in Equity, 0% in Debt and 27.82% in Cash related instruments
AUM size ₹3226 Cr

AUM size ₹3226 Cr

This fund has AUM of ₹3226 Cr which is more than its category average of ₹ 1691 Cr
Expense Ratio 0.87%

Expense Ratio 0.87%

This fund has an expense ratio of 0.87% which is less than its category average expense ratio of 1.69%

Frequently Asked Questions for SBI Magnum Children's Benefit Fund Investment Direct Growth

The current NAV of SBI Magnum Children's Benefit Fund Investment Direct Growth is ₹42.07 as on 28-Apr-2025.
Existing (Absolute + CAGR) as on 28-Apr-2025.
SBI Magnum Children's Benefit Fund Investment Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.33%
2.33%
6 Month Returns
0.01%
0.01%
1 Year Returns
18.54%
18.54%
3 Years Returns
77.98%
21.19%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.87% as on March 2025
₹3226 Cr as on March 2025
Muthoot Finance Ltd(5.17%), Hatsun Agro Product Ltd(5.08%), Thangamayil Jewellery Ltd(4.62%), HDFC Bank Ltd(4.48%), Bajaj Finserv Ltd(4.36%) as on March 2025
Cash Equivalent(27.82%), Consumer Cyclical(24.44%), Financial Services(17.37%) as on March 2025
AAA
100
Rajeev Radhakrishnan, R. Srinivasan are the fund managers of SBI Magnum Children's Benefit Fund Investment Direct Growth
The Exit load of SBI Magnum Children's Benefit Fund Investment Direct Growth is 3%